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Milton Friedman : an early advocate of dollarization?
Ocampo, Emilio - 2022 - Updated version: 22 August 2022
and chronic inflation such as Argentina. Interestingly, it is rarely known that one of the earliest debates on the …
Persistent link: https://www.econbiz.de/10013349951
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Dollarization as an Effective Commitment Device : The Case of Argentina
Ocampo, Emilio - 2023
expected probability of reversal is low. Argentina once again faces high, persistent, and volatile inflation. With a looming … affairs to a foreign jurisdiction. The paper explores whether dollarization can fulfill such role given Argentina’s history of …
Persistent link: https://www.econbiz.de/10014256581
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Dollarization as an effective commitment device : the case of Argentina
Ocampo, Emilio - 2023
expected probability of reversal is low. Argentina once again faces high, persistent, and volatile inflation. With a looming … affairs to a foreign jurisdiction. The paper explores whether dollarization can fulfill such role given Argentina's history of …
Persistent link: https://www.econbiz.de/10014230321
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Dollarization Dynamics : A Comment
Ocampo, Emilio; Cachanosky, Nicolas - 2023
We analyze a recent paper that claims that dollarizing an economy in the presence of a “dollar shortage” will provoke an immediate sharp reduction in real output and welfare. We find many problems with the model that supports this conclusion: confusion about the nature of a dollar shortage...
Persistent link: https://www.econbiz.de/10014347440
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Lessons from Latin America dollarization in the twenty first century
Cachanosky, Nicolás; Ocampo, Emilio; Salter, Alexander … - In: The Economists' voice 20 (2023) 1, pp. 25-42
Persistent link: https://www.econbiz.de/10014364810
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Milton Friedman : An Early Advocate of Dollarization?
Ocampo, Emilio - 2023
and chronic inflation such as Argentina. Interestingly, it is rarely known that one of the earliest debates on the …
Persistent link: https://www.econbiz.de/10014256615
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Lessons from Dollarization in Latin America in the 21st Century
Cachanosky, Nicolas; Ocampo, Emilio; Salter, Alexander … - 2023
This paper looks at 21st-century dollarization in Latin America. We emphasize that dollarization is a complex reform that can be implemented in many different ways. We draw three important lessons from these experiences: (1) keeping the central bank after dollarizing is an unnecessary...
Persistent link: https://www.econbiz.de/10014263911
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Dollarization dynamics : a comment
Ocampo, Emilio; Cachanosky, Nicolás - 2023
We analyze a recent paper that claims that dollarizing an economy in the presence of a "dollar shortage" will provoke an immediate sharp reduction in real output and welfare. We find many problems with the model that supports this conclusion: confusion about the nature of a dollar shortage and...
Persistent link: https://www.econbiz.de/10014296365
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Measuring the "tailwind" in an emerging market economy : the case of Argentina
Ocampo, Emilio - 2016 - Draft version 10 October 2016
can lead to improved macroeconomic performance in Argentina. The country is a net exporter of commodities and a net …
Persistent link: https://www.econbiz.de/10011545619
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Commodity price booms and populist cycles : an explanation of Argentina's decline in the 20th Century
Ocampo, Emilio - 2015
Argentina's economic and institutional decline has long posed a conundrum to economists and social scientists. In … precede inclusive institutions face a similar problem, since Argentina was one of the most educationally advanced countries in … decadence and posits that, in Argentina, rising commodity prices have driven the cycles of populism. …
Persistent link: https://www.econbiz.de/10010518746